Dongying Fangxing Rubber Co., Ltd. was founded in 2000 in Shandong Province’s Guangrao county. According to the company, Fangxing is one of the national top 100 companies in Shandong Province. The firm’s tyre factory covers an area of 600,000 square metres and has over 2000 employees, including 200 technical personnel. The firm describes itself as “a new enterprise specialising in tyre research and development, manufacture and sales -with 2 billion yuan of fixed assets”.
Three years after its foundation Fangxing Rubber commenced production of off-the-road (OTR) tyres in 2003. The company now reports OTR tyre capacity of 10,000 units a year.
Truck tyre manufacturing was the next sector to be added in 2009. Official literature explains that the factory has an annual production capacity of 3 million truck and bus radial tyres per annum. However, Fangxing representatives told Tyres & Accessories that capacity is now actually higher, reaching somewhere between 3 and 4 million truck tyres a year.
The latest addition to the tyre product line-up is the firm’s new range of passenger car radials, which went on-stream in 2015. Despite is recent addition to the Fangxing product portfolio, the company already boasts production capacity of between 3 and 4 million units a year – a figure that is set to rise strongly in the years to come.
In addition to the three largest tyre product sectors, Fangxing also has the capacity to produce 40,000 curing bladders a year.
So far Fangxing has set up a distribution network of over 100 points of sales, which are all part of a sales network covering more than 30 provinces and municipalities all over China. In addition to domestic sales, Fangxing’s output is exported to over 50 countries worldwide into markets including Africa, Australia, Middle East, South America and of course Europe. In Europe the UK, France, Germany and Spain are described as key markets.
Because the company has European market growth aspirations, despite the firm’s car tyre production line-up being just a year or so old, it has already achieved European tyre labelling compliance. The firm’s truck tyres however, don’t have a tyre label as yet.
